You Can’t Lose With Federated Car Care And The ‘Let It Ride’ Sweepstakes

How about winning a car? How about winning a trip? How about winning both? With the Federated “Let it Ride” Sweepstakes, one lucky Federated Car Care Center member will not only win a trip to Las Vegas, but also be awarded a Chevy SSR to take home. Not bad for a grand prize.

“In past Federated Car Care sweepstakes, the grand prize winners have been awarded a trip or have won a vehicle,” said Phil Moore, senior vice president of Federated Auto Parts. “This year, our ‘Let it Ride’ sweepstakes takes it to a new level. We are going to send our grand prize winner on a trip to Las Vegas where he or she will be awarded with a second grand prize, a cool Chevy SSR. This just goes to show that you can’t lose with Federated Car Care, one of the nation’s most comprehensive support programs for professional service technicians.”

The lucky winner of the Federated Car Care “Let it Ride” sweepstakes will win an all-expense paid trip to Las Vegas for the 2012 AAPEX show and will also leave Las Vegas with a Chevy SSR as the grand prize winner of this exclusive contest. In addition, hundreds of other prizes will be awarded to Federated Car Care Center members throughout the country.

The Federated “Let it Ride” Sweepstakes is open to any fully enrolled Federated Car Care Center member. Current members are automatically eligible. New members must be enrolled by August 31, 2012 to be eligible. To learn more about the Federated Car Care Center program and the “Let it Ride” sweepstakes, visit www.FederatedAutoParts.com.

When Your Shop Is Worth Much More Than You Thought

Although every sale of a shop in which I am involved has its own unique set of circumstances, which makes my job both very interesting and very challenging, Cowden Automotive stands out as particularly memorable because I was able to demonstrate to the long-time owner, Paul Cowden, that his business was worth about three times what he had initially thought.

Case Study: Owner of San Francisco-based Import Service Shop Delighted to Discover Just How Valuable His Business is to Qualified Buyers
I sometimes share case studies of the clients I have been able to assist in my role as an aftermarket business broker and provider of intermediary and advisory services. I do that when I think the story will provide a reader in similar circumstances with new insights or helpful information.
In the case of Cowden Automotive, Inc., I acted in a consulting capacity assisting the owner and his broker in valuing the business, creating a marketing plan, finding a qualified buyer, and arranging financing for the sale.
Although every sale of a shop in which I am involved has its own unique set of circumstances, which makes my job both very interesting and very challenging, Cowden Automotive stands out as particularly memorable because I was able to demonstrate to the long-time owner, Paul Cowden, that his business was worth about three times what he had initially thought.
Needless to say, delivering that kind of good news to a shop owner is a rewarding experience. Discovering that the sale of his business would result in his retirement nest-egg being substantially larger than he had ever thought was a fitting tribute to someone who had spent his entire working career as a busy automotive service shop owner.

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